May 28, 2024

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Iris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner Earnings

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Iris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner Earnings
Iris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner EarningsThis week, the Nasdaq-listed bitcoin miner Iris Energy Limited announced it has boosted its hashrate to 9 exahash per second (EH/s) and aims to reach 10 EH/s in the coming month. This development follows the network’s fourth halving and occurs amid a period when Bitcoin’s hashprice has significantly declined, exerting intense pressure on BTC mining […]